Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Ireland
LRAC64FEIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.57
Year-over-Year Change
3.27%
Date Range
4/1/1999 - 1/1/2025
Summary
The labor force participation rate for females aged 15 to 64 in Ireland measures the percentage of working-age women actively engaged in the labor market. This is a key indicator of economic activity and gender parity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The labor force participation rate represents the share of the working-age population that is either employed or actively seeking work. This metric provides insight into the extent of economic engagement and labor market dynamics for a specific demographic.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Policymakers closely monitor this metric to assess labor market conditions and trends related to female workforce participation.
Key Facts
- Ireland's female labor force participation rate was 61.5% in 2021.
- The rate has increased from 49.8% in 1990.
- Ireland's rate is lower than the OECD average of 65.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of working-age women (aged 15 to 64) in Ireland who are either employed or actively seeking work, known as the labor force participation rate.
Q: Why is this trend relevant for users or analysts?
A: The female labor force participation rate is a key indicator of economic activity, gender parity, and labor market dynamics in Ireland. It provides insights into the extent of women's engagement in the workforce.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this metric to assess labor market conditions and trends related to female workforce participation, which informs policies aimed at promoting economic inclusion and gender equality.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with some potential for delay in data reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Ireland (LRAC64FEIEQ156S), retrieved from FRED.